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Unaudited Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
TOTAL REVENUE $ 5,259.9 $ 5,139.4
TOTAL COST OF SALES (excluding depreciation shown below) 4,417.6 4,319.6
TOTAL GROSS PROFIT 842.3 819.8
Selling, general, and administrative expenses 626.8 595.3
Depreciation and amortization 40.0 37.3
Other income, net (10.3) (19.5)
OPERATING INCOME 185.8 206.7
Non-operating income (expense) items:    
Floorplan interest expense (28.3) (21.5)
Other interest expense (32.3) (28.8)
Interest income 0.2 0.4
Other income, net 0.8 3.0
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 126.2 159.8
Income tax provision 32.9 61.6
NET INCOME FROM CONTINUING OPERATIONS 93.3 98.2
Income (loss) from discontinued operations, net of income taxes 0.4 (0.1)
NET INCOME $ 93.7 $ 98.1
BASIC EARNINGS (LOSS) PER SHARE:    
Continuing operations (in dollars per share) [1] $ 1.01 $ 0.97
Discontinued operations (in dollars per share) [1] 0.00 0.00
Net income (in dollars per share) [1] $ 1.02 $ 0.97
Weighted average common shares outstanding (in shares) 92.1 101.1
DILUTED EARNINGS (LOSS) PER SHARE:    
Continuing operations (in dollars per share) [1] $ 1.01 $ 0.97
Discontinued operations (in dollars per share) [1] 0.00 0.00
Net income (in dollars per share) [1] $ 1.01 $ 0.97
Weighted average common shares outstanding (in shares) 92.7 101.6
COMMON SHARES OUTSTANDING, net of treasury stock, at period end (in shares) 91.3 101.3
New Vehicle [Member]    
TOTAL REVENUE $ 2,802.3 $ 2,796.2
TOTAL COST OF SALES (excluding depreciation shown below) 2,672.6 2,651.9
TOTAL GROSS PROFIT 129.7 144.3
Used Vehicle [Member]    
TOTAL REVENUE 1,330.5 1,240.9
TOTAL COST OF SALES (excluding depreciation shown below) 1,244.7 1,163.9
TOTAL GROSS PROFIT 85.8 77.0
Parts and Service [Member]    
TOTAL REVENUE 858.5 845.1
TOTAL COST OF SALES (excluding depreciation shown below) 473.0 474.1
TOTAL GROSS PROFIT 385.5 371.0
Finance and Insurance, Net [Member]    
TOTAL REVENUE 240.8 221.6
TOTAL GROSS PROFIT 240.8 221.6
Other Goods and Services [Member]    
TOTAL REVENUE 27.8 35.6
TOTAL COST OF SALES (excluding depreciation shown below) 27.3 29.7
TOTAL GROSS PROFIT $ 0.5 $ 5.9
[1] Earnings per share amounts are calculated discretely and therefore may not add up to the total due to rounding.